Broadcom Will Return With a Higher Offer for Qualcomm, Jim Cramer Says
Amid news that Qualcomm's board rejected Broadcom's takeover bid, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks Broadcom will return with a higher bid for Qualcomm.
Amid news that Qualcomm's (QCOM) - Get Report board rejected Broadcom's (AVGO) - Get Report takeover bid, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks Broadcom will return with a higher bid for Qualcomm.
Broadcom was offering to buyout Qualcomm for $70 a share.
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